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Massachusetts Institute of Technology
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Massachusetts Institute of Technology
Motto
Mens et Manus (Latin)
Motto in English
Mind and Hand
Established
1861 (opened 1865)
Type
Private
Land grant
Endowment
$11 billion (2013)
Chancellor
Cynthia Barnhart
President
L. Rafael Reif
Provost
Martin Schmidt
Academic staff
1,030
Students
10,894
Undergraduates
4,384
Postgraduates
6,510
Location
Cambridge, Massachusetts, USA
Campus
Urban, 168 acres (68.0 ha)
Newspaper
The Tech
Colors
Cardinal Red and Steel Gray
Athletics
NCAA Division III – NEWMAC, NEFC, Pilgrim League
Division I – EARC & EAWRC (rowing)
Sports
31 varsity teams
Nickname
Engineers
Mascot
Tim the Beaver
Affiliations
AAU
AICUM
AITU
APLU
COFHE
NEASC
URA
568 Group
Website
MIT.edu
The Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts, founded in 1861 in response to the increasing industrialization of the United States. The institute adopted a European polytechnic university model and stressed laboratory instruction in applied science and engineering. MIT's early emphasis on applied technology at the undergraduate and graduate levels led to close cooperation with industry. Curricular reforms under Karl Compton and Vannevar Bush in the 1930s emphasized basic science. MIT was elected to the Association of American Universities in 1934. Researchers worked on computers, radar, and inertial guidance during World War II and the Cold War. Post-war defense research contributed to the rapid expansion of the faculty and campus under James Killian. The current 168-acre (68.0 ha) campus opened in 1916 and extends over 1 mile (1.6 km) along the northern bank of the Charles River basin.Today, the Institute comprises various academic departments with a strong emphasis on scientific, engineering, and technological education and research. It has five schools and one college, which contain a total of 32 departments. MIT has a strong entrepreneurial culture. The aggregated revenues of companies founded by MIT alumni would rank as the eleventh-largest economy in the world.MIT is traditionally known for research and education in the physical sciences and engineering, and more recently in biology, economics, linguistics, and management as well. It is one of the most selective higher learning institutions, and received 18,357 undergraduate applicants for the class of 2018—only admitting 1,419, an acceptance rate of 7.73%. The "Engineers" sponsor 31 sports, most teams of which compete in the NCAA Division III's New England Women's and Men's Athletic Conference; the Division I rowing programs compete as part of the EARC and EAWRC.It has produced many eminent people. 81 Nobel laureates, 52 National Medal of Science recipients, 45 Rhodes Scholars, 38 MacArthur Fellows, and 2 Fields Medalists have been affiliated with it.
^ "Symbols: Seal". MIT Graphic Identity. MIT. Retrieved September 8, 2010.
^ "MIT releases endowment figures for 2013". MIT News. Retrieved September 13, 2013.
^ "U.S. and Canadian Institutions Listed by Fiscal Year 2013 Endowment Market Value and Change in Endowment Market Value from FY 2012 to FY 2013". National Association of College and University Business Officers and Commonfund Institute. Retrieved January 29, 2014.
^ Cite error: The named reference MITFactFacStaff was invoked but never defined (see the help page).
^ Cite error: The named reference Enrollments was invoked but never defined (see the help page).
^ Cite error: The named reference Campus was invoked but never defined (see the help page).
^ "Symbols: Colors". MIT Graphic Identity. Retrieved June 18, 2008.
^ "Symbols: Mascot". MIT Graphic Identity. MIT. Retrieved September 8, 2010.
^ "Entrepreneurial Impact The Role of MIT Edward Roberts Charles Easley". MIT History. Kauffman Foundation. Retrieved February 2009.
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